LegalMente AI
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About
LegalMente AI is an AI-powered legal tool designed to assist businesses, particularly in the healthcare sector, with contract review and business formation. It leverages AI and NLP to analyze contracts, identify potential issues, and provide explanations. The tool offers various pricing plans ranging from a free plan with limited features to enterprise plans with customized AI models and dedicated support. LegalMente emphasizes cost savings and efficiency in legal processes, aiming to make legal services more accessible.
Platform
Task
Features
• multiple language support
• pre-drafted legal document templates
• ai-augmented business entity formation (llc/corporation)
• contact an attorney
• ai paralegal chatbot named para™
• ai-assisted redflag detection™
FAQs
What is LegalMente AI?
LegalMente AI is an AI-powered contract review software using AI to review legal contracts, generate suggestions, and determine if clauses are standard. It aims to lower legal fees by making reviews faster and more accurate.
Can LegalMente AI review any contract?
No, LegalMente AI currently focuses on healthcare industry contracts, specifically business associate agreements (BAAs). Support for additional contract types and industries is planned.
How does AI contract review work?
AI contract review uses natural language processing (NLP) and large language models (LLM) to analyze contracts. NLP handles human language, while LLM uses deep learning to understand, summarize, generate, and predict text, enabling LegalMente to analyze unique phrasing in contracts.
How do I use LegalMente?
Sign up, upload your PDF or Word document, and receive a reviewed document with comments within minutes.
Does LegalMente give legal advice to non-lawyers?
No. LegalMente provides education on the meaning and significance of clauses, helping non-lawyers understand contracts before signing or sending them to an attorney. It can also confirm attorney review.
Does LegalMente replace lawyers or other human jobs?
No. LegalMente aids both non-lawyers and attorneys for quicker, more efficient contract review. It advises all users to seek legal counsel before executing an agreement.
What if LegalMente gives bad legal advice?
LegalMente doesn't provide legal advice but educates users on important clauses and offers information on common lawyer suggestions. Its output should always be reviewed by an attorney and is not designed to replace human judgment. AI can make mistakes, so users should report any errors.
Does the AI used by LegalMente been tested against bias?
All contracts have a bias; LegalMente helps level the playing field by providing information that may not have been considered without the assistance of AI. All contracts have biases as to whether it protects one party versus another party. The purpose of a contract is to be a meeting of the minds. However, when one lacks education or experience, one often neglects to negotiate additional biases that favor you. Or due to lack of time or diligence, one may forget to include language biased in your favor. In either case, LegalMente helps level the playing field to give an agreement the biases that you need.
How much does LegalMente cost?
Pricing is available on LegalMente's pricing page. The service is priced as a fraction of the cost of an attorney providing similar education.
What makes LegalMente different?
LegalMente focuses on aiding clients and attorneys to lower legal service costs. Its AI models are specialized by industry and contract type, not a single algorithm for all contracts.
What types of contracts can LegalMente review?
Currently, LegalMente reviews Business Associate Agreements (BAAs). Non-disclosure agreements (NDAs) are planned, followed by other healthcare contracts and then other industries.
Who should use LegalMente?
LegalMente is best for those who lack time or experience to thoroughly review BAAs, want to double-check reviews, need help understanding or improving templates, want to review changes made by others, and need to determine signability.
Are all business associate agreements the same?
No. BAAs can significantly differ in terms and vary in liabilities and risks. Careful review of any BAA is crucial.
For a BAA, is the output different for a covered entity vs. a business associate?
Yes, when appropriate. Since contract clauses may be different to shift risk from one party to another, then the suggestions are based upon one’s position in the negotiation.
Does LegalMente redline/blackline a contract?
No. LegalMente does not revise agreements (providing legal advice) and automatic revisions offer more problems than benefits.
Pricing Plans
Free
Free Plan• Al-assisted RedFlag Detection™ legal review of BAAs and NDAs
• 1 free contract review
• Limited access to our AI Paralegal, Para™, who can answer any legal questions and analyze multiple file types (PDF, Word, Excel)
• Unlimited Users
• Have a human review via our Contact An Attorney feature
• Multiple Language Support
Clerk
$49.00 / per month• Al-assisted RedFlag Detection™ legal review of BAAs, NDAs, and SAFEs
• 2 contract reviews per month
• Unlimited access to our AI Paralegal, Para™, who can answer any legal questions and analyze multiple file types (PDF, Word, Excel)
• Pre-Drafted Legal Document Templates
• Unlimited Users
• Have a human review via our Contact An Attorney feature
• Multiple Language Support
• Money Back Guarantee
Associate
$99.00 / per month• Al-assisted RedFlag Detection™ legal review of BAAs, NDAs, and SAFEs
• 10 contract reviews per month
• Unlimited access to our AI Paralegal, Para™, who can answer any legal questions and analyze multiple file types (PDF, Word, Excel)
• Pre-Drafted Legal Document Templates
• Unlimited Users
• Have a human review via our Contact An Attorney feature
• Multiple Langauge Support
• Money Back Guarantee
Partner
$399.00 / per month• Al-assisted RedFlag Detection™ legal review of BAAs, NDAs, and SAFEs
• 50 contract reviews per month
• Unlimited access to our AI Paralegal, Para™, who can answer any legal questions and analyze multiple file types (PDF, Word, Excel)
• 5 Hours of a Dedicated AI Strategic Advisor per month
• Pre-drafted Legal Document Templates
• Unlimited Users
• Have a human review via our Contact An Attorney feature
• Multiple Language Support
• Money Back Guarantee
Enterprise
Unknown Price• Al-assisted RedFlag Detection™ legal review of BAAs
• Al-assisted RedFlag Detection™ legal review of NDAs
• Al-assisted RedFlag Detection™ legal review of SAFEs
• High volume of contract reviews per month
• Custom NLP and large language models (LLM) on company-specific documents and playbooks
• Custom AI Models, Custom Output and Analytics
• Dedicated Customer Success and AI Advisor
• Have a human review via our Contact An Attorney feature
• AI-Assisted Document Search and Q&A
• Access to our AI Paralegal, Para™, who can answer any legal questions and analyze multiple file types (PDF, Word, Excel) Pre-drafted Legal Document Templates Multiple Language Support
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